The renowned United States based cryptocurrency exchange and trading platform, Coinbase is witnessing its Head of Trading resign from the job. Hunter Merghart is resigning from the job of the Head of Trading at the cryptocurrency exchange, just six months after joining the exchange. Coinbase is a cryptocurrency exchange and also provides multi-asset digital asset wallets to its users.
Just recently over four weeks ago, Coinbase witnessed one of its top executives, its fifth-ever employee, Adam White leave the firm. Adam White served as the Head of the Institutional Platform at the cryptocurrency exchange.
More about Merghart’s Resignation from the Crypto Exchange
Merghart chose to leave the company to explore other opportunities in the field of cryptocurrency and the blockchain technology. According to several internal sources and people who know Merghart, he resigned from the company just last week. The crypto exchange is denying and declining to comment on the news.
Coinbase saw its fifth-ever employee, Adam White leave the crypto exchange just recently over four weeks ago. White went on to become the Chief Operating Officer of the new crypto exchange, Bakkt. Bakkt is launching with the support of Intercontinental Exchange (ICE) as a modern crypto exchange for corporates and enterprises. Intercontinental Exchange (ICE) also owns the renowned New York Stock Exchange (NYSE).
White hired Merghart around May of this year. Merghart left the United Kingdom-based financial institution, Barclays where he dealt with equity trading in the United States as a Director since the year 2015. Some of the internal sources clarify that Merghart’s resignation might be out of frustration. It is reported that he wasn’t getting provided apt resources to expand on the crypto exchange’s mission.
It is most noteworthy that Coinbase hired LinkedIn’s Chief of Data, Michael Li earlier this month. In Coinbase, he is working as the Data Chief. Coinbase also inaugurated their headquarters in New York.